1. India is saddled by crude price hike and thus inflation has crossed double digits and will not come down till the time this monster is not reined.
2. As a custodian of India financial policies and interests of nation one can expect a 25 bps hike each in repo rate and CRR in the policy to be announced next week. It is being further anticipated that a 100 bps hike in rates from the current levels is in offing.
3. Let us see how effective tightening of fiscal policy can help RBI realise its goal of keeping inflation in single digit.
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2. As a custodian of India financial policies and interests of nation one can expect a 25 bps hike each in repo rate and CRR in the policy to be announced next week. It is being further anticipated that a 100 bps hike in rates from the current levels is in offing.
3. Let us see how effective tightening of fiscal policy can help RBI realise its goal of keeping inflation in single digit.
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